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Mark Cuban loses money after crypto token TITAN crashes to $0 in 1 day
short by Hiral Goyal / on Friday, 18 June, 2021
Billionaire investor Mark Cuban said he was "hit" by the crash of DeFi token TITAN as it fell 100% from $60 to $0 in one day. Reportedly, TITAN crashed after large "whale" crypto accounts dumped their holdings, triggering panic-selling. Cuban told Bloomberg that TITAN made up a small percentage of his cryptocurrency portfolio but he "wasn't happy" about the trade.